MCX asks FTIL to transfer stake to escrow

Institutional shareholders of MCX have told its management not to make a preferential offer as a means to dilute Financial TechnologiesBSE 0.68 % India's (FTIL) stake in the bourse. Instead, the board should consider making a bonus issue to all shareholders except FTIL, which holds 26% in the bourse, two persons aware of the development told ET.